Credit Card Debt

Credit card debts continue to be a growing concern for many families in Cincinnati and Dayton and elsewhere. Even accounts that fall one or two months behind could be sent to debt collection agencies, and the impact this could have on a person’s finances can be substantial. However, many individuals may still be unaware of exactly what takes place when…

Whether you have a few thousand dollars or a few hundred thousand dollars in credit card debt, you probably want to eliminate that debt as fast as possible. Your credit card debt could be affecting your emotional well-being, as well as your finances. If you are worried about unmanageable credit card debt, here are three things to keep in mind…

The United States did away with debtors’ prisons a long time ago. So the short answer to your question is, no, you will not go to prison if you fail to pay your credit card bill. That said, some not-so-nice things will happen to you and your financial situation if you fail to pay your bills. Let’s take a closer…

The causes and reasons for credit card debt troubles are many and varied, but the symptoms are always the same — not having enough money to pay your credit card in full each month. If you combine this kind of situation with a family emergency that requires a large expenditure of cash, you can see how things can quickly get…

Many young adults just starting out in the job market often carry a large debt burden due to low salaries, student loan payments, and the temptation to finance desired goods through excessive credit card purchases. If you are in this position, there are steps you can take to pay down your debt and thereby secure a more profitable and stable…